host: let's go to steve on the republican line from pittsburgh, p.a. good morning. caller: good morning. first time caller. so this is a little weird watching what's going on the tv versus talking to you. but anyway, inflation. kind of off the subject. but how -- why is that considered a good thing that the fed has a target inflation number? doesn't that by definition weaken the currency? and how that in-- or how that goes against with the imf? and them getting their money, guest: well, i'm not sure in relation to the imf getting their money because the imf gets its money. we think in u.s. dollars, most people use it as simple shorthand. they actually have their own unit of account which some people think is this big global threat to the u.s. dollar. it's not. but that's a very highly technical discussion. but now, i just totally spaced on what the caller asked and i apologize. host: that's ok. we have more questions for you. guest: i am absolutely appalled at my lack of ability to keep that thought in my head. host: on twitter. guest: the swiss fraverpbing, i do re